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that debt ceiling fight, the biggest one of the year. the house plans on passing a bill that would soon allow the treasury department to prioritize debt payments white house minutes before interview the president would veto saying it is up to congress to pass a clean increase in the debt ceiling. we asked the speaker about that white house veto threat. >> you know the president can say this but y know, he is the person who, when he was united states senator voted against increasing the debt limit. this is always become a political football. the federal government has spent more than what it brought in for 55 of the la 60 years. this year we'll have the highest amount of revenue to our government we've ever had in our history and yet still have a trillion dollar budget deficit. we have a long-term spending problem that has to be resolved. and it will be resolved. and so, i don't know what it will take. republicans put our budget out, passed it back in march. democrats passed a budget in the senate. our budget balances over the next ten years. the democrats budget and the president's bdge
that to some degree, the ball is in their court. >> debt ceiling looks like september, october. is it going to be a crisis when it comes up and if so, is it going to be needed at the trigger to force the talks? >> yes. >> so, it is going to be a crisis and it's needed. >> yes. >> every single one of the half dozen proposals that have bor d , -- because the american people do not like to extend the debt limit. >> big take away are this. republicans would prefer to negotiate with the president. debt ceilings are going to be the trigger. that was rob portman making the debt ceiling threat, not somebody more idea logical. there's no incentive for republicans to make a deal with a weaker hand. it may be the last window the white house has. republicans of the house are going to run into a pr problem if they don't even pretend they want to negotiate with snalt democrats. they have refused to name their -- to the conference committee to begin their process of hammering out a real deal. yesterday, congressman ryan had an odd explanation as to why they're not doing that. >> when does the clock start
concern that sending the budget to conference could be used to pass tax increases or a debt ceiling increase through reconciliation, a back-door path that would circumvent the long-standing protections of the minority in the senate, and i observed that i would readily consent to the leader's request if he would simply agree that no such procedural tricks would be employed. it is perhaps rare for a so-called bully to offer to waive all objections if the other side will simply agree to abide by the rules, but i commend the majority leader for his response. he did not disagree that he hoped to use reconciliation to try to force through tax increases or a debt ceiling increase on a straight party-line vote. he did not pretend that his intentions were otherwise. when the economy is struggling so mightily, as it is now for the past four years our economy has grown at just 0.9% a year, it would be profoundly damaging to millions of americans to raise taxes yet again on top of the $1.7 trillion in new taxes that have already been enacted in the last four years, and with our national debt ap
in january. >> greta: raja, thank you very much. and the next debt ceiling showdown is looming but this time the fight could pit democrats against republicans and also perhaps against some fellow democrats. what is the stick point. chris van hollen is a ranking member of the house budget committee and joins us. nice to see you, sir. >> great to see you, greta. >> greta: the gop wants to link increase of the debt ceiling in relation to passage of overhaul. >> we are not clear what our republican colleagues want with respect to the debt ceiling. right now they have the so called debt prioritization bill coming to the floor of hughes that says the united states will pay some of its bills but not other bills which i think is a cockamamie adeand would hurt the credit rating. and then reports that say we will only say the united states will pay its bills if you do tax reform. we are happy to discuss tax reform get everybody wants tax eform. >> we want to simplify the tax code but that should be in the context of budget negotiations. tell me what the connection is between redoing deficits and debt
on debt ceiling, let's pay china irst then u.s. troops. that headline in the huffington post is based on an interview with the speaker with bloomberg tv, peter cook. and i quote, mr. cook, doesn't it mean as democrats have suggested that you basically -- you're basically choosing to pay china before you pay u.s. troops? the speaker, in quotes, listen, those who have loaned us money like in any other proceeding, if you will, court proceeding, the bondholders usually get paid first. same thing here. same thing here. end quote. and then the speaker says, to conclude his comments, as to the administration, if it comes to the point where they don't have enough money to pay the bills, here is some order that we thinkle is sound. end of quotes. it's not sound. it's not as it is said workable. it endangers our economy. i quote former bush administration economist. it would be the first step, i quote, to becoming a banana republic, end of quote. in quotes, a bloody mess, end of quotes. as mentioned earlier by our distinguished ranking member on the rules, another bush administration official s
are doing some pre-war planning ahead of the next debt ceiling fight. john harwood is in washington with details. john? >> reporter: bill, this coming week, the house of representatives is going to vote when they return from their break on a republican bill to allow the treasury to prioritize payments in the event we hit the debt ceiling later this summer. what this bill would do would be to say, we're going to first pay bond holders and not default, in the legal sense, on those obligations, and then we'll prioritize after that, which bills we can pay. i spoke to a senior administration official this morning. they are adamantly opposed this bill. they say it would spook financial markets. that even if you meet your obligations to bond holders, that, in fact, if you defer any only obligations that the government has committed to, in a practical sense, that is default, that is going to frighten financial markets. that is going to affect future treasury auctions and so this is the beginning of the negotiation that's going to play out for some time. i talked to a staff member of the hou
about the stock market is a proxy on this thing. difficult period in the last three years was the debt ceiling debate. it was resolved but the fact of the matter is, the world saw us as not being able to fix something that should have been fixable. to dagen's point, if we don't have the ability to do 2% now, and ultimately it's going to have to be 10%, imagine what our debt rating will be? it wouldn't be pretty. >> i don't have as much faith in ben as the federal reserve. i i worry very much they could turn on a dime and interest rates could skyrocket and very quickly. >> neil: what happened with you and ben. is the love gone? >> not at all. not at all. >> neil: from april showers to may snow, the midwest is getting a whiteout, some are saying a snow job? >> i would like to see the effects of global warming. >> i got an inside tip it's all a bunch of cras. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clear
was the debt ceiling debate. it was resolved, but the pack of the matter is the world saw us as not being able to fix something that should have been fixable. o again, to dagen's point, if we don't have the ability to do 2% now and ultimately it's going to have to be 10%, imagine what our debt rating would be, imagine where the world will be. it wouldn't be pretty, i don't think. >> i don't have as much faith in the federal reserve. i worry, very, very much that they could turn on a dime and interest rates could skyrocket and very quickly. >> hand to you and ben? is the love gone? >> not at all, not at all. >> smooches. >> smooches back. from april showers to may snow, the midwest getting a spring whiteout. while the administration is still at pushing us green agenda, some are saying, wait. a snow job? >> i would like to survive long enough to see the effects of global warming. >> i got an inside tip that it's all a bunch of@í foxnews.com 24. >>> you're looking at a winter wonderland? think again. it's a spring wonderland and everyone is wondering what happened to it because this storm rippin
to come is the debt ceiling biete and republicans fall on their swords it switches the scenario of blaming washington function on the republicans. it's going to be a long, hot summer. >> paul: i don't think he is going back either. events can help out a president because he has the opportunity for leadership. when we come back, internet shoppers beware, you may soon be paying sales tax on online purchases. supporters of the signal bill say it's necessary to level the playing field but is it a matter of fairness or a tax grab and will soak small business? the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. it's th♪ card for people what's in your wallet? why? and we've hit the why phase... 8% every 10 years.age 40, we can start losi
for congress to come to an agreement over the debt ceiling. connell: hey, rich. >> may 19 is when the debt ceiling hits. the treasury department can use what is known as extraordinary measures to send that off until the fall time. right now democrats and republicans staking out their positions. we spoke with john boehner, got a good deal of information about what republicans plan on doing with the debt ceiling negotiations. he says they may consider tax reform and entitlement reform. >> 10,000 baby boomers like me retiring every day. 70,000 this week. 3 1/2 million this year. it has to be part? >> it's got to be part of it. i don't know how else you can balance a budget if you don't deal with the entitlement problem and these programs are important to millions of americans, tens of millions of americans and they're not going to exist if we don't deal with them. >> republicans will be holding meetings in a few weeks to determine how they'll perceive with the debt ceiling negotiations. white house is saying they'll have none of it. this from a statement of policy yesterday saying the preside
up, roaring past washington. remember the fiscal cliff fight and the debt ceiling debacle? d.c. duals that dominated the headlines have been lest in the dust by the record-breaking ralliment could it continue? don't miss cramer's take. >>> later, money tree? the housing market's foundation is strengthening. that demand for lumber helped weyerhaeuser report the strongest quarter since 2005. is it time to build a position in this stock? cramer battles it out with ceos. in good hands, 10,000 people a day surgeon 65. so could retiring baby boomers be the key to returning your nestegg? it's cramer's call, all coming up on "mad money." >>> don't miss a sending of "mad money", follow @jimcramer on twkt. send jim and e-mail to madmoney@cnbc.com or give us a call 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. >>>
the house to begin consideration of a debt ceiling bill that would have the government continue to make social security payments and interest payments to bondholders, even if the government has reached the debt ceiling. the white house yesterday issued a veto threat against the legislation. live coverage again of the house here on c-span. and the senate this week is considering legislation dealing with army corps of engineers' water projects. number of amendment votes expected today. follow the debate on c-span2. and over on c-span3, after that joint meeting of congress, hearing on the attack last year on the u.s. consulate in benghazi, lib why. tuesday, department officials previously posted there in libya as well as the department's acting head of counterterrorism are set to testify. that's set for 11:30 eastern on c-span3. as we mentioned south korea's president addressing a joint meeting of congress coming up this morning. 10:30 eastern. yesterday she held a joint news conference with president obama. we'll show you as much of that as we can until the joint meeting gets under way. p
that would increase the debt ceiling without sufficient input from the minority party, and without addressing the fundamental structural spending problems we have at the federal government that are -- that are leading to our unsustainable debt. this concern, i believe, is well-founded in history in that reconciliation bills have been used to increase the debt ceiling at least three times, in 1986 and 1990 and in 1993. and so for that reason, reserving the right to object, i would ask consent that the leader modify his request so that it not be in order for the senate to consider a conference report that includes tax increases or reconciliation instructions to increase taxes or to raise the debt limit. mr. reid: mr. president? the presiding officer: is there objection to the modified request? mr. reid: i would make a comment before making a decision on that. the presiding officer: the majority leader. mr. reid: the senate considered the budget, and that's an understatement. we voted on more than 100 amendments, as i mentioned just a few minutes ago. it was hard. the votes were hard. the senate
to pay bond holders if the debt ceiling is reached. for more about the bill, we spoke with a capitol hill reporter. >> tax reporter for politico joining us from capitol hill. what's the purpose of this bill? >> gives the government to pay its bond holders in the case of the government or congress didn't increase the debt limit in time so you would avoid a default. >> what authority does the treasury department get under this bill? >> it would allow them to pay bond holders, which is where the democrats are coming in and saying those chinese bond holders own our debt. but given the treasury ability to keep paying bond payments and stop a default on our debt, which is where you get into issues if you default versus paying out bond holders to avoid that. >> you mentioned the democrats called for paying off our debt and the chinese and they have been calling it the pay china first bill. what is the reasoning for doing that? >> a lot of our debt is held by the chinese and paying off our bond holders they are going to prioritize payments to those versus -- for salaries -- for the military and o
to take a crisis again? is of the debt ceiling coming up actually something that everyone in this process needs in a weird way because it forces action crisis and like the only time any deal has happened is when there's been the proverbial gun to the head of washington. >> if there's nothing else i would say it's important, let me say this, our country is tired of congress managing by crisis. it has brought us to the point where we're at today in bad policies, bad implementations, sequestration being the most visible right now. and i believe that we ar the jos congress, and i think we should get to work putting together a budget. that's like going to conference is so important to me and to my caucus. antonin republicans that i talked he was well. because managing by crisis puts our country in a very bad place when our economy is fragile. compromise is not a bad word. it is part of what we have to do. i'm from a big family. we have seven kids growing up. you don't get what you want for dinner every night, but you realize that sometimes you have to make changes. >> you've actually been, arg
entitlements. of course that debt ceiling fight, the biggest one of the year. the house plans on passing a bill that would soon allow the treasury department to prioritize debt payments white house minutes before interview the president would veto saying it is up to congress to pass a clean increase in the debt ceiling. we asked the speaker about that white house veto threat. >> you know the president can say this but y know, he is the person who, when he was united stat
? >> we talked taxes. we discussed entitlements. of course that debt ceiling fight, the biggest one of the year. the house plans on passing a bill that would soon allow the treasury department to prioritize debt payments white house minutes before interview the president would veto saying it is up to congress to pass a clean increase in the debt ceiling. we asked the speaker about that white house veto threat. >> you know the president can say this but you know, he is the person who, when
will see. host: compromise possible that he talks about? the debt ceiling is coming up again within a couple of months. guest: the way things happen in washington, when we go into crisis mode, everybody hates this, but it is the way it has worked out. we get up to the point of defaulting on the national debt or the government shuts down. really, the republicans have tended to be hurt more by this government by crisis mode, but it really does not help anyone. at a certain point the public stops paying attention and brushes off washington as a bunch of incompetent idiots. on sequester, the latest jobs report, unemployment is still high, but it went down to 7.5%. not a huge impact on sequestration, but economists are saying that they could see that and maybe that will contribute to the sense of crisis. host: arthur is on the line from new york city. thank you for waiting. , aler: i must -- obama care surly 26-year-old's are a good policy, but in reality it is a disaster. many of my colleagues are in their late 50's or are retiring. hospitals are buying up all the practices. they are to
's because we are get to go the end of the debt ceiling agreement? >> the end of the debt ceiling because there's too much debt. >> the democratic don't like this prioritization idea. >> why would you not like to prioritize? >> i'm just telling you, this is one. your areas -- >> are they owe posing something just to oppose something? by doing a debt prioritization what you are saying is you are making sure america never has the problem that they get downgraded within their credit of looking bad. we aren't prioritizing when we borrow from somebody, we will take our debt." we are prioritizing going forward. >> if it's such a good idea why don't you all agree on it? >> isn't it a good idea to have a balanced budget, too, but only one side grease with that, the republicans. at the end of the day if you have $100 of bills and you only have $80, the current system says you can't pay any. that's idiotic. why don't pay $80 worth? >> one more question. will there be a tax on online sales? it passed in the senate but do you expect there to be a tax on online sales? >> i think you have to see it go
ringing ] now a waiting room is just a room. [ static warbles ] >>> it's back! the debt ceiling debate. was it ever really gone? the latest artificial deadline for raising the federal credit him is a week and a half away with you those so-called extraordinary measures the treasury department can take will likely last us through the summer months. house republicans plan a vote on their full faith and credit act which allows for some spending outside the debt limit but only to pay principal and interest on the debt. don't expect the bill to gain any traction in the senate. democrats argue it doesn't protect payments to soldiers, hospitals, doctors and businesses. our next guest argues the solution to all of this is not going to come from either party and maybe that's a good thing. kevin williamson is writer for the national review. he is the author of the new book, the end is near and it is going to be awesome. kevin, welcome. you say in this book, government is falling apart and not a moment too soon. the failures of the health care state, retirement pensions, all the government's fault
a crisis again? is the debt ceiling coming up is everything in this process it sort of forces action. the only time anything happens is when there is a proverbial >> if there iston. nothing else i say today that is important, let me say this. our country is tired of congress managing by crisis. it has brought us to the point where we're at today with bad policies, sequestration being the most visible right now. i believe we have a job as congress and we should get to work putting together a budget. that's why going to conference is so important to me and my caucus. to many republicans i talk to as well. managing by crisis puts us in a bad place when the economy is a bade.compromise is not word. you don't get what you want for dinner every night. you have to make changes. >> you've been arguably -- you've already been a conference committee, you brought it up. >> sure. >> there were key republican -- this was six and six, if i'm not mistaken.three from every caucus. six democrats, you were the chair there. what went wrong? if you could not solve it then when the sequestration gun was
of representatives, including a lot of tea party republicans that would allow us to lift the debt ceiling which we technically hit on may 17, but people believe through management techniques, they ought to gets through september and october, nobody really knows now. i think they would like to avoid it, but they don't know how, so they have come up, at least for now, with that cockamamie idea that you are going to have to pay some of your bills but not all of your bills. they call that debt prioritizeation. >> if i could do that. if i will pay my mortgage but i don't have to pay my car. >> so they want the united states government to do that which would be disastrous and a terrible signal and hurt the economy. that is so far their response. we'll pay some of our bills. we'll pay the bond holders including china. won't pay our troops in the field. that is not a solution. >> there are only two ways to deal with this. one is long-term. we made $2.5 trillion in deficit reduction the next 10 years through actions already taken. the president is proposing $1.8. if that is not possible, we will have to ta
, we are approaching a debt ceiling and budget. its budget. if he can get some kind of agreement on a budget deal and get a tax reform as part of that deal, there will be added revenue and he can have spending so he can promote jobs fleismt the republicans will not allow any spending. >> what the democrats in the senate. >> they will pass his budget. republican obstructionism. >> dana: if you took anything away from the press conference, it was the republicans blocked everything i tried to do. instead of tried to persuade us as why should gitmo terrorists these coming to american. on obamacare, last week every quote that was negative about obamacare came from democrats, not republicans. yet the republicans continue to get all the blame. >> when president obama was a kid and didn't do his homework, do you think he blamed john boehner. >> dana: he probably blamed my dog. >> greg: he made a health care bill to treat you. >> dana: that is another thing they did today. this is the big announcement on obamacare. one of the complaints it was a 35-page application process. so they have a
to the debt ceiling a moment ago. i think august 2nd sometime this summer. are we going to another wrenching ordeal? >> i'm worried for this reason. i believe the speaker of the house, john boehner, would agree it would be a bad idea to do a replay of the summer of 2011 where the to the deadline and created uncertainty. he had a negative impact on the economy. the issue is how, how he can put together that those in the house of representatives, including tea party republicans that would allow us to method that feeling, which we had on may 17 or management take makes, the treasury department as a sign of september, october. i think they play to avoid it, but they don't know how, so they've come up for now because cockamamie idea that you're somehow going to pay some of your bills, but not all of your bills. they collect their prioritization. if i could pay my mortgage but i don't have to pay -- they want the united states government to do that, what should be disastrous in a terribles ticknor, hurt the economy. but that so far there responds people pay some of her bills, but not all of them.
the debt ceiling, then i think that pitches forward scenario of blaming washington function on the republicans. it's going to be a long hot summer i i don't think he is a lame duck either. events can help out a president because he still has the opportunity for leadership if he wants to take it all right, when we come back, internet shoppers beware. you may soon be paying sales tax on those online purchases. supporters of the senate bill say it's necessary to level the playing field. is it a matter of fairness or tax grab into soak small business. . no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ what's in your wallet? why? and we've hit the why phase... of mild to moderate alzheimer's disease is exelon patch. now with more treatment options, exelon patch may improve overall function and cognition. your loved one can get a free 30-day
of overtime to hourly workers and a bill to prioritize debt payments in an event that the debt ceiling is reached. live coverage of the house on c-span, the senate here on c-span2. >> host: president obama has nominated tom wheeler to be the next chair of the federal communications commission. that's our topic this week on "the communicators." tom wheeler is currently managing director of core capital partners which is his venture capital firm. he has served on the obama-biden transition team, and he's been the ceo of two industry groups based here in washington; the cable association and the wireless association as well. joining us to discuss this, justin lilley, telemedia policy corporation, and he is a former republican counsel to the house energy and commerce committee, and blair levin with the aspen institute who also as served several stints at the fcc. blair levin, if we could start with you. do you know tom wheeler, and what should people who follow these issues know about tom wheeler? >> guest: i do know tom wheeler. pretty much everyone who's been in this business knows tom w
more room to negotiate when we face the next debt ceiling. they will have to start talking about the budget. they will have to start talking about the next debt ceiling and some entitlement reform. there is some good news in today's job report. maybe there's some possibility that we'll see some progress this summer as the two sides start to tang goe again. >> christine, i want you to button it up before we go to a break. put this in perspective and tell us what this all means. what does it all mean? >> it means the economy is slowly healing from the worst financial crisis any of us will ever experience. it means companies are having to hire people. it's nowhere what we would like to see. my last piece of advice, i guess, is your jobless rate is either 100% or 0%. all of these numbers for a lot of people out there mean nothing unless you have a job. listen, for a long time we've been saying the jobless rate has been falling because people have been dropping out of the labor market. last month, people didn't drop out of the market. >> christine romans, alison kosik, jessica yellin,
. will be stepping down. >> so what happens to the budget? you've got continuing problems on that. the debt ceiling come up sometime we're now hearing it might be later in the summer and the fall. >> there's good news here and also bad news. we're taking the european approach. just enough to keep the wolf from the door but not enough to solve the problem permanently. the deficit is about 4.5%. next year it's expected to be 3.7. and '15, 3.0. it is gradually coming down nap means the markets aren't likely to pressure congress and the president to do things they don't want to do -- raise taxes or reform entitlements. the exception, i think, let's look at the midterm election. there will be a window of opportunity there needily following the midterm elections if the president is the ready to step forward and do more on entitlements. i think it's unlikely, but the rest of this two-year period, very unlikely. >> we have to take a break here. when we come back, the battle over how young is too young to get the >> i'm comfortable with the scientific evidence for girls 15 and over. >> need adult supervisio
to prioritize debt payments in case the debt ceiling is reached. live coverage of the house on c- span. the senate on c-span2 at 2:00 p.m. eastern. >> next, q&a with david stockman, followed by your , and comments on "washington journal. and the u.s. house of representatives returns from recess. >> this week on "q&a," former congressman and reagan's administration budget director david stockman discusses his latest book, entitled "the great deformation: the corruption of capitalism in america." >> david stockman, the author of the book "the great deformation. 1981, when you were budget director for ronald reagan? >> the last thing was that the machine of the government in united states is pretty brittle, and if mistakes are made, and, clearly, we made a huge mistake when the taxes were double thee
to raise the debt ceiling this time around. he is also calling for tax reform and less spending. in a conversation today with rich edson of the fox business network. >> we have two problems. we have a spending problem and secondly, we have this slow economic growth. it's pathetic. the president will go out on the jobs tour and talk about how the economy is growing. barely. so if we're serious about solving our spending problem, we need to look at the revenue side. the revenue side means getting our economy going again, helping people get better wages and better opportunities for better jobs. >> polls close at the top of the hour in south korcarolina's fir congressional district for one of the most unusual special elections in recent memory. involves a disgrace d politicia on the come back trail and sister of a political sat t tierist. trying to make a come back. >> just after casting his ballot, former governor mark sanford said you only get one second chance in politics and this is his. the republican who represented south carolina's gop leaning congressional direct has tighten
, keep the government going? how do we deal with the debt ceiling pay our debt when they come due and deal with fiscal responsibility and transparency. lori: thank you, joe. david: he says i'm joe from the bronx. >> got it. david: thank you, joe, very much. lori: conversation with warren buffett is just ahead. mr. you have but fet discussing succession plans. the market and whether low interest rates are here to stay. david: the senate is set to vote on a bill that would effectively end tax-free on-line shopping but with over 9,000 separate tax codes, is the bill fair or will it put a burden on online businesss? an executive and former president of overstock.com, one of the largest online retailers joins us. wait until you hear where he stands on this new internet tax. you won't believe it. ♪ . at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. very logical thinker. (laughs) i'm
in the real world seemed like a reasonable calculation that to get the debt ceiling, you know, lifted and get that deal done, the republicans would agree to come together and negotiate a deal. negotiate a big deal. that deal didn't come through. each side would get some pain. on the republican side, it would be defense cuts. on the democratic side, programs that republicans don't care much about. each side had some skin in the game to do something to avoid this. six months later, the republicans say, you know what, if it's between pentagon cuts or protecting tax breaks for the rich, we'll go with the rich. that was a big surprise. vince sent was telling me before the show, in the recent past, this used to be a bipartisan group. >> what happens with bipartisan support for meals on wheels? when did the republicans fall off the wagon. >> it's been challenging during this budgetary crisis time. other than that, i can't tell you. >> who is fighting for you? >> we have all across the board. all across the board. but it's not -- >> is there any leader in congress we should salute for helping you? an
, with this congress. >> he's got until july, sean, when the debt ceiling is hit again. there's been some rumblings about a deal. he needs that to salvage his presidency, because as you said earlier, and you're right, everything is going wrong for him. >> everything is going wrong, and the republicans need to fight on principle. they need to stand up and show america that the conservative principles that they're supposed to embrace, show them it's the solution, that we can have a better america. >> sean: yes, the house republicans have done good things, deserve credit, passed some bills, but i don't feel they're communicating the way i want them to communicate. >> there's no message for the republican party. >> sean: like obama has messaged discipline. >> right. it is a message of redistribution, which i think is the wrong message, but the republicans are all over the lot. as george w. bush said they are leader-less. bottom line, the best ally president obama has is the republican party. >> sean: that's the only thing he has going for him is the republicans? >> yeah, because he's not gotten his age
there and argued during the debt ceiling debate that we should have a trillion dollar platinum coin, deposited in the treasury and wash her hands of this. these are serious people and they called the tea party crazy. safi like the whole world is spinning out of control and i'm the only normal person in it, with you guys, and everyone has just gone crazy. think about obama and budgets and everything we talk about. his budget is a huge massive zero-sum fallacy masquerading as policy. it's not a budget like you think of a budget. it's not about economic growth. it's about fairness. he doesn't care about growth. he looks at the world as a piper come sure most of you read milton friedman and you have ridiculous that is. which brings the to the scares prospect of all. what does this say? well, to me this is that we've lost the american people. it's impossible to conservatives don't like to deal with. there is no real conservative party in europe friends. my parents immigrated from congress hungry. people lived under communism and they're still no conservative classical liberal presence there. in som
to start dominating town, the focus we get into the midsummer, the debt ceiling will have to be increased again. >> some point the next six weeks to two months? >> that's right. going to be such a painful discussion with house republicans, 2011. >> all right. when we come back, we are going to talk -- have a little fun a race that has no impact on the political -- national political case other than it's a great yarn, south carolina. trivia time, we asked the largest number of presidents at has been six. when was the first time that occurred, 1861. that's the first of three times in our country's history that there were six living presidents. congratulations to today's winner. if you have a political trivia question e-mail us. we'll be right back. oh, he's a fighter alright. since aflac is helping with his expenses while he can't work, he can focus on his recovery. he doesn't have to worry so much about his mortgage, groceries, or even gas bills. kick! kick... feel it! feel it! feel it! nice work! ♪ you got it! you got it! yes! aflac's gonna help take care of his expenses. and us...we're
the debt ceiling, what's going to be coming up in september, i think. >> which, by the way, because the economy is recovering. >> yeah. >> interesting little -- deficit going down. >> all this fiscal wrangling that's still going on. >> they want a discussion about jobs more than anything else. republicans i talk to say the same thing. we need to talk about jobs and growth. >> what about immigration reform? there are a lot of issues at play and of course with vice president biden saying background checks are coming back. >> but he said the obvious there, too, we have to wait for immigration reform. >> sure. >> shameless plugs, ang lee. >> my good friend james hairson the first ever black party chair. >> jamie. >> shoutout to my husband. takes his last exam for grad school. gets his masters this coming week from george washington. >> good deal. >> a shoutout to south carolina and my brother, a resident of south carolina, got engaged last night, getting married in the city of charleston. he's going to vote. my mom is also in that district. >> you have it. >> i have the inside info. >>
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